The best development offer. Application deadline: October 30
Application deadline: October 30
The seller is a retiring private investor. The sale offer includes 4 land plots totalling 2,369 m². The buyer under the forward transaction is Housing Trust Group, Florida's residential property development market leader participating in the affordable housing Tax Credit Program.
The condition of the plot sale will be decided upon obtaining the required construction permits and approvals from the local government. The local authorities are interested in developing affordable housing projects and currently the approval rate for these sort of projects ranks at over 95%. The developer has provided a LOI for the purchase of the plot.
In the case of Housing Trust Group's application not being approved the investor retains the plot and can construct an apartment building independently or jointly with the developer. The project budget is $32M (including the price of the plot), the project term is 5 years, the levered IRR is 32%.
Read more at Tranio
Tranio.com partners with Moscow International Emigration & Luxury Property Expo 2019
Golden Visa in Spain - how to get it?
Tranio partners with European Investment Summit – 8ᵗʰ Edition
Tranio to construct a residential building in Hamburg
The effect of currency fluctuations on foreign property prices
Investing in the future: the advantages of buying property near airports
We offer a nice family villa with a garden and a swimming pool near Talamanca. The villa needs some renovation. The house is in a good location. There will be a buildings project of townhouses in t...